{"id":15443,"date":"2021-02-26T23:48:14","date_gmt":"2021-02-26T23:48:14","guid":{"rendered":"http:\/\/allanhardingmackay.ca\/courtpainter\/?p=15443"},"modified":"2021-02-26T23:48:14","modified_gmt":"2021-02-26T23:48:14","slug":"same-ole-same-ole","status":"publish","type":"post","link":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=15443","title":{"rendered":"same ole&#8230;same ole&#8230;"},"content":{"rendered":"\n<figure class=\"wp-block-gallery columns-0 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><\/ul><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"824\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/Court-Painter-Bigbanker-small-consumer-copy-2.jpg\" alt=\"\" class=\"wp-image-15449\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/Court-Painter-Bigbanker-small-consumer-copy-2.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/Court-Painter-Bigbanker-small-consumer-copy-2-300x247.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/Court-Painter-Bigbanker-small-consumer-copy-2-768x633.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n\n\n<p>Canada\u2019s big six banks : Toronto-Dominion Bank, Royal Bank of&nbsp;Canada, National Bank of&nbsp;Canada, Bank of Nova Sc0tia,  Bank of Montreal &amp; Canadian Imperial Bank of Commerce, raked up a total $13.9 billion in profit in the first quarter of fiscal 2021, which ended Jan. 31, up some 14 per cent from the same period a year earlier, before pandemic lockdowns had begun.<\/p>\n\n\n\n<p>Each of the Big Six saw their profits rise, led by CIBC (up 34 per cent) and Bank of Montreal (up 27 per cent).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"684\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/banker.jpg\" alt=\"\" class=\"wp-image-15448\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/banker.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/banker-300x205.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/banker-768x525.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p>Much of that increase came from trading \u2015 thanks to a booming stock market \u2015 and from much lower provisions for loan losses. Retail banking \u2015 the part of banks\u2019 business that deals with <strong>regular consumers<\/strong> \u2015 <strong>showed little growth<\/strong> over the year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers.jpg\" alt=\"\" class=\"wp-image-15447\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-300x225.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-768x576.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"623\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-6.jpg\" alt=\"\" class=\"wp-image-15446\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-6.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-6-300x187.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2021\/02\/bankers-6-768x478.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s big six banks : Toronto-Dominion Bank, Royal Bank of&nbsp;Canada, National Bank of&nbsp;Canada, Bank of Nova Sc0tia, Bank of Montreal &amp; Canadian Imperial Bank of Commerce, raked up a total $13.9 billion in profit in the first quarter of fiscal 2021, which ended Jan. 31, up some 14 per cent from the same period a &hellip; <a href=\"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=15443\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;same ole&#8230;same ole&#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-15443","post","type-post","status-publish","format-gallery","hentry","category-images","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/15443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15443"}],"version-history":[{"count":3,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/15443\/revisions"}],"predecessor-version":[{"id":15450,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/15443\/revisions\/15450"}],"wp:attachment":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}